Never Be in a hurry

[cytpoway121]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

[batang_bitcoin]

Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell, you can sell as quickly as you can. But I agree about selling in batches, that will do the trick if you are hesitant to sell all that you've got.
That can help you to minimize your potential missed profits if ever the market goes up and if the market goes down, you'll just have to hold it and wait until it goes up again.

[nelson4lov]

I've been in the crypto space for a while ~ a couple of years give or take and in that time, I've had my own fair share of regretful trades. Most of the time, I was selling too early. Other times, too late.  I don't think there's a way to know the "perfect" to sell or buy so it might be a good idea to take some profits and let the winners keep riding. Then if buying, we can use DCA strategy to stay afloat in the trade and keep our average at a good price level.

[seleme]

Human emotions affect the profitability of the investors and they rush to buy or sell the portfolio without thinking about the possible risks. Cutting the losses as soon as possible and letting the winning trades run will save the investors if they can analyze the market correctly with the right mindset. The market never gives the profit we want from it first and it is a time-based game applied on the trading charts.

[Johnyz]

Only if you know when to sell and buy, for sure you don’t need to be in a hurry always because that’s not good strategy and you looks like you’re dealing with market using your emotion. Don’t FOMO and buy when necessary for you based on your own timeline, and do sell to take profit not out of panic.

[dunfida]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

Neither both things could be used depending into someones risk management because there are pro's and con's between two things depending on how you do deal with it.
Im a trader that do able to do both things depending on the situation.There are times i do sell or buy in batches or going all at once basing on the opportunity
that i do saw.

It turns out to be effective for me on having that random kind of behavior.Experience is the best teacher and as far as you go you would eventually learn up
things that you havent learn up on the past. Just explore and continue.

[Kocret02]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

sometimes step by step is necessary to do this is useful because the market will usually be volatile if we enter simultaneously the market will experience a dump. and if we sell simultaneously the market will pump significantly. this is so unfair. so step by step is the best step.

[ReiMomo]

NO, it will depend on which crypto you are trying to sell in hurry, sometimes it is good to sell in hurry. I have been in bounty for how many years after a coin will be listed on an exchange, it is expected that it will drop, and the first price when it is listed is a pretty big amount. So, I don't hesitate my self to sell in a hurry if I know that the project did not have the potential to increase.

But if in bitcoin, it is a different story, I will hold as much as I can.

[maxreish]

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

Selling or buying a coin needs some proper knowledge before doing so. That is why it will be a great help if we know how to read technical analysis. So we don't hustily ride on a hype or suddenly jump to buy coins at peak.

While I agree at some point that selling first batch, second batch method is good when the market is continuosly bullish because that's what i did with my bitcoin though. Selling some part when it was reached $19k but still holding some and planning to sell it again this time with decent profits now.

[TravelMug]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

Of course, as this involved your hard earn money, you need to be very very careful of which coin you are going to invest. I'm sure many of us here learn a very expensive lesson when we are just a newbie or beginner in this crypto trading. The thing is, we should learn from our past mistakes.

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

You have a point in selling, but it depends on the individual itself. For me if I sell a certain coin at once, I never look back so that I won't regret my decision if the price goes up again. At least I'm satisfied with my exit strategy.

[tranthidung]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

Rule #1: Don't chase the market
Rule #2: If you don't see reasons why price is moving or will move up more, don't join the market.

FOMO Trades are for the times when price breaks resistances after a few times of testing, failures, and retesting. When resistance is broken up, price will rise significantly. Chase the market is different as people don't know what they are doing and why price is moving up. They will fall into panic sells consequently and they don't have too much higher levels to take profits.

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

With profit taking method, you are right. Selling all your coins or tokens at one price can cause missing chances if the market only moves to a little bit lower than your set price. In addition, if you sell all at one price, and your amount is big enough in that trading pair, you can unintentionally create sell wall. Sell walls result in fear on the buyers and they might hesitate a lot to buy your orders.

It can be different if the sell walls are set up by whales (real whales) to wait for liquidations.

[Gaaara]

The best thing you can do as a beginner is to get as much information as possible, FOMO can never be out of the conversation it will always affects trading in a certain way since its not always a bad thing, if you can control your emotion and approach things intellectual you'll do good. I usually use a 3 days rule where I will use the 3 days to decide if I should or not buy a coin, I call it testing water where if the have a positive market range in that 3 day span then that's where I buy.

[Sinjokubhi]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

That's right, one of the keys that is needed is patience. In buying or selling currency, it is necessary to consider whether the currency will rise or fall.

Especially as a short-term trader, patience and thoroughness are needed in every purchase or sale of the selected currency.

Likewise we as long-term investors. We must be sure of the funds that have been invested in the currency that has been selected. Of course, investing in that currency. Even though it looks easy, it is precisely investing that requires patience. The accuracy and certainty need to be reconsidered in buying currency.

And it is also true what you said, to start investing, we put small funds first, to monitor whether the currency can be used as an asset later, before we invested our funds in large amounts. And one more thing, don't invest all of the funds you have, because some of it can be used for a return on investment if you experience a loss.

[Kelvinid]

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

I had a bad experience with this strategy, and it comes to the moment that I miss the ATH as I was expecting more to rally but the dumps have come and missed it. Yet, to be a good strategy but sometimes we need to look on the trend and never be confident enough for the uprising momentum will stick for a longer time, it sometimes just stop and turn back down again.

I realize that trading could somewhat need luck also, coz we can't be all in good times always.

[Wexnident]

It's not that you're not supposed to ever feel being hurried, but you should know when being in a hurry is negatively affecting your judgment, though generally hurrying means that your emotions are getting the best out of you, there would be some rare instances that it doesn't I'd suppose. The idea of trading whatever you can, no matter how small is quite good though. Probably why I also enjoyed trading with virtual money back then, even though it absolutely has no value, just seeing that my plans were actually doing something positive is enough to influence me to start trading, even with a small capital (though I quit since im too emotional).

[777Jolami]

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

Yup. Hurry is a bad quality in life, work, business, and investment.  When buying / selling in a hurry often does not have enough time to think about, stress always makes us lose the opportunity to grasp the situation.  Sometimes, selling or buying in a hurry causes you to enter the hallucination of an emotion.  And then, losses are worse by the next decision.  Hurry is the enemy of crypto.  It is a nature that needs to be changed in order to make a better profit / income.

[TopTort777]

Worst situation you could image being in a hurry is trading. Several times I have bought alts ten times more expensive, because I accidentally failes with decimals. Also few times I have entered trading pair, examined the graph and placed buy order quickly (with the price that offered me exchange, when I enter pair), when the current price is already lover.

[dihari]

The method called DCA (Dollar Cost Averaging), where you being on hold to do it all (investment) at one time. The opposite of the lumpsump method.
It's all about our mentality of facing the market. We can't predict the market appropriately, that's why I agree with all op has said. Buy gradually, sell in batches.

[TheUltraElite]

You will be in a hurry if you are having some shitcoin that you bought in back in 2017 hoping it to be the next bitcoin (< it was common then) and then you have not been in any position to sell it in the crypto-winter. Like Doge for example, when it pumped we saw a massive selling pressure and that is not a bad thing though - getting the cesspool in your portfolio out is a good thing to do.

What is actually bad is panic selling or panic buying. People have panic sold bitcoin thinking it will not come back up but such fears are irrational and only lead to loss of money. This also happens when your basic belief of bitcoin is weak and therefore such a person should not enter trading.

Dont be FOMOed when Musk pumps the next coin. Sell it when he does though. Dont trust these people at all.

[Julien_Olynpic]

Sometimes you still need to hurry. For example, after a promising altcoin faces a strong rally. Then you can really be late. Therefore, you still need to collect a position for each trading instrument in advance. If we were never late, then there would be no point in trading on the stock exchange. Fortunately, this is not the case. Timing plays a very important role in our life. Each position must therefore admit a certain percentage of error.